Indian Share Market Tips and Rupee Outlook Today

The rupee opens lower at 53.52/53 vs 53.36/37 last close as local stocks fall tracking Asian indexes. Month-end oil-related USD demand will be watched, say dealers. USD/INR may move toward 53.66-75, followed by 54, but eventual risk remains for down move towards 52.18, the 38.2 percent of the 43.85-57.32 (February 27, 2011-June 22, 2012) rally, charts show. Stock Market Trading Tips Today : BHEL seems very strong, recommended to sell over next 3 sessions with target of 235 Sell sbin @current level sl 2220 target below 2200 2180 2160  ...

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Nifty Trading Strategy Today 20 Sept

NIFTY (Opening – 5600.05) Today in Indian Share Market, the Nifty opened flat on the same level it closed on 18 sept and traded in a narrow range the entire day. It was on a daily basis of consolidation when such huge moves. The Bank great had slightly of associate degree up day to support the great. tired all we tend to may see slightly of a correction towards 5550 when that this up move may continue with the support of the Bank great. The bias needs to be to travel long on dips with a stop loss at 5530..... Want Live Tips??? Get it here : Nifty Tips Indi ...

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Market will be Bullish : don't book profits

Market is in long mode only for some more time in coming 3-4 successive weeks. (Angel Broking)Its recommended by Siddharth Bhamre of Angel Broking that do not book profits so early because the market seems much bullish and gaining in coming weeks, he is also bullish on Nifty and continues to hold long positions despite more than 400 points up move seen in the Nifty.He says that Those already holding long positions should go with the momentum and should not book profits now . "Everybody is waiting to get into this market at dips. According to us, that dip may not ...

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Sensex under pressure post RBI policy, IT, FMCG stocks drag

The banking company of India's call to carry policy rates for the fifth straight month left investors discomfited. The Sensex born over two hundred points from the day's high whereas the broader great slipped below the five,600 mark. The rupee, too, pared gains against the greenback. Markets hit a 14-month high on hopes that the financial institution would follow up the government's sudden spate of daring reform measures by reducing borrowing prices. whereas the financial institution praised the government's long-stalled policy initiatives to bolster growth and support its commercial enterprise ...

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Stock Intraday Trend : Sensex | Nifty

Sensex leaps on fuel price hike, QE3...Nifty tops 5500 NEW DELHI : The 50-share Nifty index is expected to open higher and may even hit its crucial psychological level of 5,500 on Friday tracking positive global cues after US central bank initiated another aggressive stimulus program to stimulate growth in the world’s largest economy.At 07:30 a.m., Nifty India stock futures in Singapore were up 105 points at 5,551.50, indicating a strong opening on the domestic market.Investors will keep a close eye on monthly inflation data which will be out later today. OMCs will also be in focus after a Cabinet ...

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Indian shares hit 7-mth closing high; airlines jump on FDI hopes

Wed Sep 12, 2012 4:57pm BSE rises 0.82 pct, NSE gains 0.76 pct* Potential airline measures cement reform hopes Fed meeting outcome on Thursday seen key By Abhishek Vishnoi MUMBAI, Sept 12 (Reuters) - India's BSE index rose for a sixth consecutive session to close at its highest since Feb. 23 on rising hopes for government reforms after the aviation minister signalled the country was moving to allow foreign direct investment into the sector. Allowing foreign carriers to invest in the sector would help cement expectations for further government action, with investors also hopeful ...

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Market Outlook and Nifty on Monday

Indian Share Market Review | Market closed today : The BSE Sensex closed at 17,683.73 up 337 points higher on Friday tracking a rally in global shares, led by gains in blue-chip shares such as Reliance Industries(RELI.NS) that gained after CLSA raised its target price.Banks shares also gained on hopes the Reseerve Bank of India (RBI) may cut rates on September 17 if the government announces reform measures next week.The BSE index rose 1.95 percent. The 50-share NSE index ended up 1.98 percent. Indian stocks opened gap-up tracking the global rally and the momentum stayed through the session. High ...

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Tech Mahindra acquires Hutchinson : Market Outlook

Tech Mahindra Acquires Hutchinson Global ServicesTech Mahindra Limited, a leading provider of solutions and services to the telecommunications industry, today on tuesday 4 Sep 2012, announced the acquisition of 100% stake in Hutchison Global Services Private Limited for US $ 87.1 m, payable upfront. Hutchison Global Services provides services to the clients of Hutchison's mobile firm in the UK, Ireland and Australia, the statement said. As ...

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